Dividend Restaurant Group—the owner of Macaroni Grill and Sullivan’s Steakhouse—could add another brand to its ranks before the end of 2020’s first quarter. If the deal comes to pass, the new acquisition would become the largest brand in the group’s portfolio.
“This is a meaningful brand, it will be the largest part of our portfolio if we get it done, and a lot of its characteristics are exactly in line with Sullivan’s and Macaroni Grill,” Dividend’s CEO and president Nishant Machado says.